Chapter
The Controversial Payday Loan Industry
1:07:12 - 1:15:53 (08:41)
An attorney who works in the payday loan industry asked a professor to test the criticism that its customers are hurt by its loans. The payday loan industry has been known to interfere with studies, revisions, and even remove disclosures detailing their role in paper preparation.
Clips
An attorney working in the payday lending industry asked a professor in Georgia to test the criticisms made against the industry, stating that its customers are hurt by its loans.
1:07:12 - 1:09:50 (02:38)
Summary
An attorney working in the payday lending industry asked a professor in Georgia to test the criticisms made against the industry, stating that its customers are hurt by its loans. The research collected found that everything is fine in the payday loan industry, which calls for government regulation are short-sighted, causing concern over the neutrality of academic studies in this area.
ChapterThe Controversial Payday Loan Industry
EpisodeThe Payday Loan Industry Is Bastards All The Way Down
PodcastBehind the Bastards
The podcast discusses a report by Hilary Miller, who is linked to the payday loan industry, that concluded payday loans were not bad for people, which was used to influence the Consumer Financial Protection Bureau’s regulation decision.
1:09:50 - 1:12:41 (02:50)
Summary
The podcast discusses a report by Hilary Miller, who is linked to the payday loan industry, that concluded payday loans were not bad for people, which was used to influence the Consumer Financial Protection Bureau’s regulation decision. Other pro-payday loan sources are also mentioned in the podcast.
ChapterThe Controversial Payday Loan Industry
EpisodeThe Payday Loan Industry Is Bastards All The Way Down
PodcastBehind the Bastards
The payday loan industry has been found to engage in shady practices of distorting information and influencing studies that show them in a favorable light, such as a 2014 study that claimed repeat borrowers of payday loans had better financial outcomes.
1:12:41 - 1:13:35 (00:53)
Summary
The payday loan industry has been found to engage in shady practices of distorting information and influencing studies that show them in a favorable light, such as a 2014 study that claimed repeat borrowers of payday loans had better financial outcomes.
ChapterThe Controversial Payday Loan Industry
EpisodeThe Payday Loan Industry Is Bastards All The Way Down
PodcastBehind the Bastards
The payday loan industry has been known to interfere in research studies to maintain positive public perception.
1:13:35 - 1:15:53 (02:18)
Summary
The payday loan industry has been known to interfere in research studies to maintain positive public perception. In 2015, it was discovered that they paid a professor and his research partner to write a paper that reflected positively on payday lenders.